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Well, the reason the oil change is cheaper is because they probably use low quality oil and filters and BMW charges out the butt for labor. But the E36 is actually the easiest oil change I've ever done. So you should really just do it yourself. I know you don't want to but it's the best, and cheapest way. Just see if any of your friends could help you out with tools.
You need is a jack (two is better so you can get the car level.)
A jack stand.
7 Quarts of 5w-30 The car holds 6.3 Quarts)
An oil filter.
A funnel. (you can make one out of a coke bottle.)
A 17mm wrench for the oil drain plug (I think. Might be 16.)
and a 12 or 13mm for the oil filter bolt thing.

Like others have said, it is extremely easy to change the oil and filter yourself on this car. But, if you absolutely cannot do it, don't go to a cheap ass place that advertises such a low price. All they are trying to do is lure in the uneducated who think oil is oil, filters are filters, and cars are cars (that last one is a travesty, in my opinion.) Don't cheap out because you get out what you put in. To read a little bit more about oil check out www.bobistheoilguy.com so you can make an informed opinion.

Also, the e36 m3 board is toast, but almost all the tech that applies to regular e36's applies to the ///M, so in the future just visit the regular e36 board, where you will find some well-informed people and a lot of activity.

Your 95 will actually take about 7.5 to 8 qts of oil. 10-40 is probably a much better choice. Synthetic oil is about $6 a qt, bulk dino oil is about $.99 a qt. Most places that advertise cheap oil changes, say in the fine print, "up to 4 or 5 qts of oil, filter extra...) They probably own the car wash so it cost them nothing...

I just looked in the manual and its supposed to be 5-30 for colder temps and 15-40 for regular temp. My 98 323i has 69k on it. I'm partial to mobile 1 synthetic but that's for my 09 lancer. Any suggestions on brand and weight for my BMW ?

I just looked in the manual and its supposed to be 5-30 for colder temps and 15-40 for regular temp. My 98 323i has 69k on it. I'm partial to mobile 1 synthetic but that's for my 09 lancer. Any suggestions on brand and weight for my BMW ?

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Check out my link a few posts up, so you can make an informed decision about oil.